CloudMyBiz
10 Case Studies
A CloudMyBiz Case Study
Billd is a material supplier that provides short-term financing for the construction industry, helping contractors and suppliers grow with less hassle and risk. As the company scaled, it struggled to manage financing through QuickBooks and manual disbursements, spending 4–6 hours each day on the process and needing a more accurate, data-driven system with daily recording.
CloudMyBiz, through Fundingo’s credit servicing module, helped Billd move to a fully digital, streamlined, and integrated credit management system with alerts for failed repayments and other operational updates. The result was a 900% increase in disbursement funds, a reduction in daily disbursement work to about 1 hour of checking sheets, and growth to around 2,500 transactions per week, while the team doubled in size.
Jon Placa
Director of Financial Operations